OK I’ve succumbed and can ignore this no longer. I keep seeing headlines about crypto currency, blockchain, bitcoin etc so I had to find out what it was all about but everything I read just left me more confused! However I found an explanation in the video below that even I could understand so I thought I’d share it with you.
There are many crypto currencies with bitcoin being the one getting the most exposure, but its just one of hundreds. Which one will end up being the default, is it beta vs VHS, Apple vs Android all over again? Well that is the lingering question and if you believe the hype then we are just at the beginning of a major change equivalent to the start of the industrial revolution. Keep your eyes out for more stuff on this and please forward it to me if you’re keen.
All the best and as always I’m just a call or email away…
Certified Responsible Investment Financial Adviser